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the plan being put forward is now coming under fire from within his own party. president obama says there will be no deal unless republicans drop opposition to raising taxes on wealthyest americans. we have more now from washington, d.c.. >> was the white house and congressional republicans put forward a plan to avoid the fiscal cliff, now, they're miles apart, gaining in their heels. the president told bloomberg tv a deal is possible, but... >> this proposal now is still out of balance. >> the plan sent yesterday offers a total of 2 tth $2 trillion in deficit reduction including $1.2 trillion in spending cuts. and00 billion in new tax revenue no. rate increases in top two percent of taxpayers. that is nonnegotiatable for the president. >> we're not going to be able to get a deal without it white house says the math doesn't add up. >> it's magic beebs and fairy dust. >> with just 28 days until deadline, negotiations reach aid stalemate. >> there is nothing going on privately that is not going on publicly. >> there are no plans at this time for leaders to meet wi
the plan being put forward is now coming under fire from within his own party. president obama says there will be no deal unless republicans drop opposition to raising taxes on wealthyest americans. we have more now from washington, d.c.. >> was the white house and congressional republicans put forward a plan to avoid the fiscal cliff, now, they're miles apart, gaining in their heels. the president told bloomberg tv a deal is possible, but... >> this proposal now is still out of...
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a new report by the national academy of science says the agency has no solid plan for the future. that report blames the president for the lack of direction, but it goes on to say nasa has not done enough to accomplish the obama administration's goal of sending astronauts to an astroid. a former nasa scientist says he's never seen the agency so utterly unfocused. >>> the holidays are finally here and one of the fixtures of the season happens tomorrow night. erica grow with a preview of the lighting of the national christmas tree. >> the first lady and tree will be where? >> reporter: the national park foundation is ready to give you a tree lighting ceremony you won't soon forget. the national tree is brand-new just planted in october and it's been prepped for tomorrow's spectacular display from top to bottom. >> we work on it all year long and now is crunch time. this is the 90th anniversary of the tree lighting. we'll have over 20,000 people here tomorrow night watching a live show. >> and the first lady of the united states of america. >> reporter: the stage is set for a spectac
a new report by the national academy of science says the agency has no solid plan for the future. that report blames the president for the lack of direction, but it goes on to say nasa has not done enough to accomplish the obama administration's goal of sending astronauts to an astroid. a former nasa scientist says he's never seen the agency so utterly unfocused. >>> the holidays are finally here and one of the fixtures of the season happens tomorrow night. erica grow with a preview of...
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the latest plan put forth by house speaker john boehner, simply doesn't add up. the >> speaker's proposal right now is still out of balance. he talks about, for example, eight hundred billion dollars worth of revenues but he says he will do that by lowering rates. when you look at the math, it does does not work. >> not work. as negotiations as negotiations to avoid the so-called "fiscal cliff" continue, republicans were equally dismissive of the last proposal from the president. >> his proposal was so outlandish i don't think we should go back to the table until he puts something there that we can work with. >> the key sticking point between the two sides hasn't changed -- tax rates for the wealthy. >> the math is clear. the only way to accomplish these things is to allow the rates to go up on the top 2 percent of taxpayers.// >> he's punishing success. we'll put at risk the economic growth that we really need to create the jobs, to create taxpayers and to create the revenue we need to lower our deficit. >> after a white house meeting tuesday, a bipartisan group
the latest plan put forth by house speaker john boehner, simply doesn't add up. the >> speaker's proposal right now is still out of balance. he talks about, for example, eight hundred billion dollars worth of revenues but he says he will do that by lowering rates. when you look at the math, it does does not work. >> not work. as negotiations as negotiations to avoid the so-called "fiscal cliff" continue, republicans were equally dismissive of the last proposal from the...
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2009 stimulus plan. that's where you get that bump up for college tuition and extra child credits and that sort of thing. >> so that was middle class scenario, just to show one other scenario. we have another graphic i want to throw up this is pretty much your upper middle class couple, combined yearly income 940,000 bucks. under the democrats' plan, taxes going up $37,000, much less you see the republican plan numbers, about $17,000. and then if we go off the cliff, this couple gets hammered because their taxes go up close to $50,000. their best deal, laurie montgomery, coming from the republicans. >> right. exactly. the republicans don't want to raise their rates where as if we go over the cliff, they lose everything. everyone loses everything if we go over the cliff. and the democrats want those folks to lose their income tax rates anyhow. so they get a better deal from the republicans because the republicans are saying, no, no, we want to extend the tax cuts for you too. >> okay. i want to pick up wh
2009 stimulus plan. that's where you get that bump up for college tuition and extra child credits and that sort of thing. >> so that was middle class scenario, just to show one other scenario. we have another graphic i want to throw up this is pretty much your upper middle class couple, combined yearly income 940,000 bucks. under the democrats' plan, taxes going up $37,000, much less you see the republican plan numbers, about $17,000. and then if we go off the cliff, this couple gets...
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over his budget plan. >>> hillary clinton is the lead candidate for 2016, a new poll shows. she keeps saying no, no, no. but will she heed the call? >> yes, yes, yes, yes, yes. >>> new details on the murde murder/suicide involving kansas city chief jovan belcher. what the 911 calls reveal about the slaying of his girlfriend. >>> what you should absolutely stay away from. >>> packed show for you this morning. jeb henserling is joining us. american federation of teachers and our guest as well is randi weingarten. "starting point" begins right now. >>> morning. welcome, everybody. our "starting point" this morning, president obama says he will not bend in this fiscal cliff debate. americans face the prospect of severe tax hikes, spending cuts if republicans and democrats can't get together to work out some deal. congress breaks for the holidays in ten days. if they don't extend that, it will be ten days from then that we fall off the fiscal cliff. >> if we're going to be serious about reducing our deficit while still being able to invest in things like education and research an
over his budget plan. >>> hillary clinton is the lead candidate for 2016, a new poll shows. she keeps saying no, no, no. but will she heed the call? >> yes, yes, yes, yes, yes. >>> new details on the murde murder/suicide involving kansas city chief jovan belcher. what the 911 calls reveal about the slaying of his girlfriend. >>> what you should absolutely stay away from. >>> packed show for you this morning. jeb henserling is joining us. american...
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and find the aarp medicare supplement plan that may be right for you. >>> finally, president obama and house speaker john boehner broke their silence today, they actually spoke on the phone. >> not much came of it, and they are not any closer to coming to an negotiation. the administration is ready to go off the cliff if is comes to that. so let's talk about the politics involved with paul bigala. hello, gentleman, paul, you have the treasury secretary saying today they're absolutely prepared to go over the cliff if it comes to that if the republicans don't give on raising tax rates, isn't that a pretty politically risky game? >> frankly i think it's real. the president campaigned. the sticking point is the race. they say upper incomes should pay -- the president says he will veto it, and i'm quite sure he does. he said i'm not going to budge, period, and republicans will, you watch. it may be after we go off the cliff, i hope not. >> doesn't it come back to bite the president? >> i think not if you look at the polling today, but he's going to do it. the republicans will have to move o
and find the aarp medicare supplement plan that may be right for you. >>> finally, president obama and house speaker john boehner broke their silence today, they actually spoke on the phone. >> not much came of it, and they are not any closer to coming to an negotiation. the administration is ready to go off the cliff if is comes to that. so let's talk about the politics involved with paul bigala. hello, gentleman, paul, you have the treasury secretary saying today they're...